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DOJ affirms 2006 legal opinion on tax privileges of PHL AirAsia, formerly Asian Spirit Inc.

Business Mirror LogoBusiness Mirror18h ago

DOJ affirms 2006 legal opinion on tax privileges of PHL AirAsia, formerly Asian Spirit Inc. - Business Mirror

Quick Summary:

THE Department of Justice (DOJ) has reiterated its legal opinion issued in 2006 which held that the Philippines AirAsia (PAA), formerly Asian Spirit Inc.is entitled to the tax privileges being enjoyed by flag carrier Philippine Airlines Inc.(PAL).

The PAA  specifically sought the DOJ’s confirmation on the extension of the applicability of the tax exemption privileges being enjoyed by PAL to PAA and the incorporation and application of such tax privileges to PAA’s Franchise.

DOJ affirms 2006 legal opinion on tax privileges of PHL AirAsia, formerly Asian Spirit Inc.


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Article Details

Author / Journalist: Joel R. San Juan

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 13:33:19 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 806 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23698923

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 73 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "DOJ affirms 2006 legal opinion on tax privileges of PHL AirAsia, formerly Asian Spirit Inc." was covered 18 hours ago by Business Mirror, a news publisher based in Philippines.

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  • URL: https://beamstart.com/news/doj-affirms-2006-legal-opinion-17320242212326

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